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E-Commerce stands for electronic commerce and caters to trading in goods and services through the electronic medium such as internet, mobile or any other computer network. It involves the use of Information and Communication Technology (ICT) and Electronic Funds Transfer (EFT) in making commerce between consumers and organizations, organization and organization or consumer and consumer.
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E-commerce Introduction E-Commerce stands for electronic commerce and caters to trading in goods and services through the electronic medium such as internet, mobile or any other computer network. It involves the use of Information and Communication Technology (ICT) and Electronic Funds Transfer (EFT) in making commerce between consumers and organizations, organization and organization or consumer and consumer. With the growing use of internet worldwide, Electronic Data Interchange (EDI) has also increased in humungous amounts and so has flourished e-commerce with the prolific virtual internet bazaar inside the digital world which is righty termed as e-malls. READ MORE
ABOUT E-commerce We now have access to almost every knick-knack of our daily lives at competitive prices on the internet. No matter one is educated or illiterate, an urbane or a countryman, in India or in U.K; all you need is an internet connection and a green bank account. With e-commerce then, you can buy almost anything you wish for without actually touching the product physically and inquiring the salesman n number of times before placing the final order. Here is a beautiful picture depicting how has human life evolved to adapt to the digital world and hence trading over the internet. As seen, from pair of shoes, dresses we have everything on sale on the internet available in tempting offers..!! Snapdeal.com, Amazon, eBay, Naaptol, Myntra, etc are some of the most popular e-commerce websites.
Low entry cost Why use Ecommerce Reduces transaction cost Access to the global market , secure market share.
Types of E-commerce BUSINESS-TO-BUSINESS (B2B):B2B stands for Business to Business. It consists of largest form of Ecommerce. This model defines that Buyer and seller are two different entities. It is similar to manufacturer issuing goods to the retailer or wholesaler.E.g.:-Dell deals computers and other associated accessoriesonline but it is does not make up all those products. So, ingovern to deal those products, first step is to purchases themfrom unlike businesses i.e. the producers of those products. BUSINESS-TO-CONSUMER (B2C): It is the model taking businesses and consumers interaction. The basic concept of this model is to sell the product online to the consumers. B2c is the direct trade between the company and consumers. It provides direct selling through online. For example: if you want to sell goods and services to customer so that anybody can purchase any products directly from supplier’s website. BUSINESS-TO-EMPLOYEE (B2E): Business-to-employee (B2E) electronic commerce uses an intrabusiness network which allows companies to provide products and/or services to their employees. Typically, companies use B2E networks to automate employee-related corporate processes. CONSUMER-TO-CONSUMER (C2C): There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBays auction service is a great example of where person-to-person transactions take place everyday since 1995.
Advantages and Disadvantages of E-commerce Advantages
Keep it simple and cut the clutter Organise and categorise your products to make it easy for visitors to find what they’re looking for Research how to design great websites
After the online transaction has been finished your client should be capable to view an order detail and receipt After the Purchase Which should also be provided by mail to them Including links in the receipt that direct the client to a page on the site where they can track their order is a great way to improve your client's experience and make trust.
CMS Based Ecommerce Website Foundation Of Design Uprising Unit (FODUU) is one of the most affordable web design company India. You are planning to give your business a new direction then you are at the right place. Choose best web design packages which complete your requirement and fulfill your dreams in your budget. E-commerce website design, latest popular market trend for selling products in competitive market. Online eCommerce platform efficient way to covert visitors in to our customers. We have launched latest updated eCommerce packages at affordable price in easy Content Management System (CMS) like wordpress, Magento, Open Cart.
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